Overview
SparkLend is an Aave V3 fork governed by Sky Protocol (formerly MakerDAO), offering overcollateralized lending and borrowing on Ethereum Mainnet with competitive rates for DAI, USDS, wstETH, WETH, and other blue-chip assets.
Core operations:
- Supply collateral assets to earn interest (spTokens)
- Borrow against your collateral at variable rates
- Monitor health factor to avoid liquidation
- Repay debt fully or partially
Tags: defi ethereum lending aave-v3 sparklend
Prerequisites
- No IP restrictions
- Supported chain: Ethereum Mainnet (chain ID: 1)
- Supported tokens: DAI, USDC, USDT, USDS, sUSDS, sDAI, wstETH, WETH, rETH, weETH, cbBTC, WBTC, LBTC, tBTC, ezETH, rsETH, PYUSD, GNO
- onchainos CLI installed and authenticated (
onchainos wallet login) - Ethereum Mainnet wallet with ETH for gas
Quick Start
- Check your wallet: Run
onchainos wallet addresses --chain 1to confirm your wallet is connected. - See market rates: Run
sparklend reservesto browse supply and borrow APYs across all assets. - Supply assets: Run
sparklend supply --asset DAI --amount 1000to preview, then add--confirmto execute. - Borrow: After supplying, run
sparklend borrow --asset USDC --amount 500to borrow against your collateral. - Monitor health: Run
sparklend health-factorto check liquidation risk. - Repay: Run
sparklend repay --asset USDC --allto repay full outstanding debt. - Withdraw: Run
sparklend withdraw --asset DAI --allto withdraw your collateral.